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Digital China 2020

An action plan for Chinese enterprises.

Overview

The digital growth driver

Digital technologies have the power to be the new driver of China's future growth. By harnessing the power of digital, China stands to grow its gross domestic product (GDP) by 3.75 percent by 2020—the equivalent of adding US$527 billion to the economy during that timeframe. While China can benefit hugely from being digital, such opportunities have yet to be translated into Chinese businesses' real digital investments. Many lack a systematic approach to creating new business value from digital technologies.

By building a digital transformation roadmap, Chinese enterprises can better position themselves to capture digital opportunities - and to thrive as part of "Digital China."

KEY INSIGHTS

Compared to its global counterparts, China stands to gain the maximum advantage from embracing digitalization. But we found that Chinese companies lack a well-defined digital strategy or digital business model and have yet to decode how to operate digitally.

about the institute

The Accenture Institute for High Performance develops and communicates breakthrough ideas and practical insights on management issues, economic trends and the impact of new and improving technologies. Its worldwide team of researchers collaborates with Accenture’s strategy, digital, technology and operations leadership to demonstrate, through original, rigorous research and analysis, how organizations become and remain high performers.

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